Bank of England issues climate risk guidance to 'unlock action' from insurers

Michael Holder
clock • 3 min read

Developed by industry and regulators, aim is to help insurers draw up management approaches to climate risk

The Bank of England (BofE) yesterday issued new guidance to help insurance and reinsurance companies measure and assess the financial risks posed by climate threats such as heatwaves, floods, wildfires...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

'Snow joke': UK now has enough offshore wind capacity 'to roast three million turkeys'

Uber and Lyft eye electric 'robotaxi' trials on UK roads in 2026

More on Risk

North Yorkshire Council urged to delay Burniston fracking decision
Risk

North Yorkshire Council urged to delay Burniston fracking decision

Friends of the Earth urges council to wait until draft changes to national planning policy are finalised before deciding whether to give go-ahead to controversial fracking project

Amber Rolt
clock 23 December 2025 • 5 min read
Ordnance Survey launches new tidelines dataset to help manage flood and erosion risk
Risk

Ordnance Survey launches new tidelines dataset to help manage flood and erosion risk

New dataset could help monitor and manage worsening coastal erosion and flood risks across the UK

Amber Rolt
clock 15 December 2025 • 3 min read
'Invisible ingredients': Toxic chemicals accused of causing $3tr a year in preventable costs
Risk

'Invisible ingredients': Toxic chemicals accused of causing $3tr a year in preventable costs

Study warns of ecological harms from toxic chemicals, as it argues reducing impacts through proven policies and technologies is feasible and cost-effective

Amber Rolt
clock 10 December 2025 • 4 min read